Question
A trader marked an article 50% above its cost price and
sold it after allowing a discount of 30%. If the transaction resulted in a profit of Rs. 26, then find the cost price of the articleSolution
Let the cost price of the article be Rs. ‘x’ Marked price of the article = x × 1.5 = Rs. ‘1.5x’ Selling price of the article = 1.5x × 0.7 = Rs. ‘1.05x’ Profit = 1.05x – x = Rs. ‘0.05x’ ATQ; 0.05x = 26 So, x = 520 Therefore, cost price of the article is Rs. 520.
Mount Merapi, an active stratovolcano, is located in which country?
The minimum amount of Gold Reserves to be held by the Reserve Bank of India(RBI) ?
The India-Middle East-Europe Economic Corridor (IMEC) primarily aims to:
Forest research Institute of India is situated in?
Which state government recently banned all kind of synthetic kite string except cotton?
As per the Census 2001, what is the position of Uttar Pradesh among the States/Union Territories in literacy rate are?
INSV Tarini is on a historic voyage to circumnavigate the globe by an all-women crew. The crew is headed by:
Which of the following is not recommended by the committee on banking sector reforms?
_____ is the capital of Hungary?
What is the Currency of Kuwait?
